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Free AccessPandor Denies Plans To Move BRICS Summit But Reports Suggest Venue Change Remains In Play
- South African Foreign Minister Naledi Pandor played down reports suggesting that the August summit of BRICS leaders would be moved to another country which is not party to the Rome Statute, possibly China or Mozambique, and reaffirmed that the event will take place in Johannesburg. However, the Mail & Guardian ran a report suggesting that handing over hosting duties remains in play, with African candidates for BRICS membership such as Egypt or Nigeria also considered as possible venues. Separately, the Daily Maverick reported that South Africa is seriously considering moving the summit to China or holding it virtually for all five leaders, as no "neutral" African country has capacity to host such a large-scale event. Both newspapers noted that an interministerial committee headed by Deputy President Paul Mashatile will discuss this on Monday and report back to the Cabinet on Wednesday.
- In a joint statement from their ongoing summit in Cape Town, BRICS Foreign Ministers deplored the use of unilateral coercive measures, such as "sanctions, boycotts, embargoes and blockades." Speaking on the sidelines of the event, Foreign Minister Naledi Pandor refused to speculate on the arrest warrant for Russian President Vladimir Putin and told reporters that South Africa''s position will be revealed by President Cyril Ramaphosa in due time, after the government explores its legal options. The summit of chief diplomats enters its second phase today, with the virtual attendance of "Friends of BRICS," i.e. Foreign Ministers from several countries from the Global South.
- Government sources reportedly told the Mail & Guardian that U.S. Secretary of State Anthony Blinken told his South African counterpart in a phone call that the explosive interview given by U.S. ambassador Reuben Brigety was not sanctioned by Washington DC. Bilateral relations soured and South African assets tumbled as Brigety told the media that a Russian cargo ship left a South African port loaded with weapons. According to the Mail & Guardian, the diplomat is facing a reprimand from his government and has failed to back his claims with evidence so far.
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.